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    123 Derby Dr Chipley, FL 32428

    Sponsored
    For Sale
    Contact for pricing

    LAND - Chipley, FL

    Lot size:
    1.03 Acres
    Days on Market:
    79
    Last Refresh:
    Jan 9 at 3:06 am

    Property Features for 123 Derby Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Resid Single Family
    APN
    00000000-00-4151-0740
    Lot size
    1.03 Acres

    Utilities

    Water source
    Well

    Paradise Properties (850) 588-7136 [email protected]

    Listing agent Savannah Z Hamilton (850) 890-1300 License #3408859

    Listing date Oct 23, 2025

    Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Gated Community

    This property, situated in the Leisure Lakes gated community, offers just over an acre of land suitable for a primary residence or second home. The community provides access to amenities including an in-ground pool, picnic area, playground, tennis courts, and basketball courts. Residents also have access to two boat ramps and two spring-fed lakes, Major Lake (98 acres) and Open Lake (164 acres), suitable for fishing, paddle boarding, kayaking, and swimming. The Home Owners Association fees are $250.00 annually. The property is located in Chipley, Florida, approximately 30 to 40 minutes from Panama City, Panama City Beach, and the airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chipley
    County
    Washington
    State
    Florida
    Longitude
    -85.707493
    Latitude
    30.479751

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    FAQs

    What type of property is this?
    Land - Acreage in gated community with lake access and amenities.
    Where is this land located?
    The property is located at 123 Derby Dr Chipley, FL.
    What is the asking price?
    The asking price for this property is $19,500.
    What are key features of this property?
    This property features: - Over one acre property suitable for primary or secondary residence.; - Access to **two spring-fed lakes (98 and 164 acres)** ideal for fishing, paddle boarding, kayaking, and swimming.; - Gated community with amenities including an **in-ground community pool, picnic area, playground, tennis courts, and basketball courts**.
    (850) 890-1300
    Request Owner's contact information
    123 Derby Dr Chipley, FL 32428
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    Chipley, FL 32428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Derby Dr Chipley, FL 32428
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